The citrus pectin market size was projected to be worth USD 578.9 million in 2022. By the end of 2023, the market is likely to reach a valuation of USD 635.52 million. The global market for citrus pectin is likely to garner a 5.4% CAGR and reach a market worth USD 1,080.30 million by 2033.
Key Market Trends and Highlights
Attributes | Key insights |
---|---|
Estimated Market Value in 2022 | USD 578.9 million |
Expected Market Value in 2023 | USD 635.5 million |
Expected Market Value in 2033 | USD 1,080.3 million |
Value-based CAGR from 2023 to 2033 | 5.4% |
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During the historical period, 2018 to 2022, the citrus pectin market grew at CAGR of 5.1%. Citrus pectin has a variety of uses in the pharmaceutical, food, and beverage, cosmetic, among other sectors. These uses have helped the market under study develop. Jams and jellies have traditionally employed pectin as a jellying ingredient.
Report Attributes | Details |
---|---|
Market value in 2018 | USD 473.5 million |
Market value in 2022 | USD 578.9 million |
CAGR from 2018 to 2022 | 5.1% |
The main uses for pectin are in various desserts like jellies, jams, and marmalade. As technology has advanced, industry participants have been creating pectin suited for a range o uses. For example, GENU Pectin by CP Kelco has been gaining popularity as a natural skin feel stabilizer, aid, and pH-balancing component in the personal care and cosmetics sector.
Citrus pectin, when used as an ingredient in such goods, can be a healthy option, boosting development. An increasing number of diet-conscious customers are searching for alternatives to minimize fats and calories. Citrus pectin induced foods are a great option for such a group of consumers.
Below mentioned is the table of top five countries that are anticipated to gain a significant growth rate during the forecast period. Among these countries, the maximum growth is expected from the United States and China.
Forecast CAGRs from 2023 to 2033
Countries | Expected market share in 2023 |
---|---|
The United States | 23.7% |
China | 12.1% |
Japan | 4.5% |
France | 5.3% |
The United Kingdom | 5.8% |
In 2023, the United States market for citrus pectin is anticipated to take over 23.7% market share.
The United States citrus pectin market is growing as a result of rising health and wellness awareness and an emphasis on organic and clean-label components. Food goods like jellies, jams, and gummies frequently include citrus pectin. Consumers looking for healthier and more organic food alternatives have driven the usage of citrus pectin in different products.
A typical component of vegan as well as plant-based food items is citrus pectin. In the United States, citrus pectin has been added by manufacturers to dairy-free desserts, yogurts, and other items to enhance smoothness and consistency as consumer preference for plant-based and vegan substitutes has increased recently.
Citrus pectin is employed in the manufacturing of functional meals as well as dietary supplements owing to its possible health advantages. It is frequently used as a form of dietary fiber and in products intended to enhance digestive health, which appeals to people seeking practical advantages from the foods they eat.
In 2023, China is anticipated to acquire 12.1% of the global market shares for citrus pectin. The expanding food manufacturing and food processing in China is anticipated to open up new avenues for citrus pectin sales during the forecast period.
China's food production and processing industry has been growing quickly to keep up with the country's vast population. Jams, jellies, desserts, and dairy goods all include citrus pectin, which is a flexible component. Citrus pectin is increasingly in demand as a vital addition for improving texture, and gelling, as well as stabilizing in these goods as a result of the expansion of the food processing sector.
Chinese consumers are becoming increasingly interested in dietary supplements and functional foods as they become more health-conscious. Citrus pectin is well known for its possible health advantages, such as promoting healthy digestion and acting as a dietary fiber source. Manufacturers to profit from this trend have added citrus pectin to functional meals and supplements.
The citrus pectin market in Japan will gain 4.5% of the global market share by the end of 2023. Japan has developed into a big exporter of food items to other Asian countries owing to its robust food processing sector, which produces citrus pectin.
Chefs and food producers in Japan frequently experiment with novel flavors and textures since the country is renowned for its culinary creativity. Citrus pectin is highly sought-after for its ability to gel and thicken, which makes it a useful component for developing distinctive textures in foods and sweets. Its demand has been influenced by its employment in cutting-edge culinary techniques like molecular gastronomy and contemporary cuisine.
Japan is renowned for its strict laws governing food safety and high standards. Following these rules has helped the citrus pectin sector in Japan and raised customer confidence in the reliability and caliber of goods containing citrus pectin. Its market expansion has been facilitated by this dedication to safety and quality.
The citrus pectin market in France is anticipated to gain a 5.3% market share by 2023. The demand for organic and natural food items has gained traction in France, as it has in many other regions of the world.
Citrus pectin, a naturally produced component from citrus fruits, fits perfectly with this trend. It is utilized to suit customer desires for clean-label as well as eco-friendly solutions in natural and organic food goods such as fruit spreads and confectionery.
Citrus fruit agriculture thrives in France's southern areas, such as the Côte d'Azur and Provence. Citrus pectin manufacturers frequently use indigenous citrus fruits, and the existence of citrus orchards throughout these places helps citrus pectin manufacturers for easy supply and production. Citrus fruit pectin is, thus, used in a variety of regional cuisine items due to the accessibility of citrus fruit sources.
The United Kingdom citrus pectin market is expected to acquire a 5.8% market share by 2023. The growing popularity of ready-to-drink and ready-to-eat drinks has prompted the use of food stabilizers that include citrus pectin in the United Kingdom. The growing demand for organic and natural food items is one of the primary drivers of the citrus pectin industry. Customers are growing more health-conscious, and they want food that is devoid of artificial chemicals and preservatives.
The United Kingdom has a vibrant craft and artisanal food sector that produces a diverse range of specialty items such as preserves, chutneys, and confectionery. Citrus pectin is essential in producing the correct texture as well as quality in these craft foods. The usage of citrus pectin in this area has been spurred by the need for high-quality, handmade culinary products.
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The below table highlights how the high-methoxyl pectin is projected to lead the regional market in terms of product type. These products are expected to acquire 56.9% market share in 2023.
The pectin obtained from grapefruit has turned out to be a highly preferred source. During the forecast period, the grapefruit-sourced pectin will expand at an 8.4% CAGR.
Category | Market share in 2023/ CAGR (2023 to 2033) |
---|---|
High Methoxyl Pectin | 60.5% |
Grapefruit | 8.4% |
Over 60% of the global citrus pectin market is accounted for by high-methoxyl pectin, and it is anticipated to expand profitably at a CAGR of 6.6% in the next ten years. This is mostly due to the rising demand from various end users.
Confectionery goods using high-methoxyl pectin include fruit snacks, gummies, and chewy sweets. It acts as a gelling agent, helping the confections to take on the texture and consistency they need to set. High-methoxyl pectin is necessary for fruit preserves, such as marmalades as well as fruit compotes, to have the proper gel-like consistency. It gives the syrup thickness while preserving the fruit pieces' integrity and shape.
This kind of citrus pectin is a component used greatly in the pharmaceutical industry to formulate oral treatments, notably chewable tablets. Pharmaceutical items' flavor and mouthfeel may be enhanced by it.
Lotions and shampoos, for example, may incorporate high-methoxyl pectin to serve as a thickening or emulsifying ingredient to improve the texture and stability of the finished product.
Based on source, the grapefruit segment is expected to continue gaining traction in the global citrus pectin industry. The segment is anticipated to gain a CAGR of 8.4% throughout the forecast period.
The consumer flocking towards grapefruits is mostly due to the rising consumer interest in organic, natural, and fruit-based products. Today, it's thought that there are more than 25,000 different natural grapefruits that are easily accessible. Customers have indicated a growing interest in purchasing grapefruit goods as occurrences of obesity, diabetes, and other metabolic and cardiovascular-related diseases have increased abroad.
Grapefruit complements the particular nutritional qualities in this environment well. Pectolytic enzymes, fiber, carotenoids, vitamin B, proteins, and other salts in addition to vitamin C. From the perspective of the customer, the fruit is popular since it has few calories and no fat.
Grapefruit pectin's connection to weight loss has attracted the curiosity of certain customers. Grapefruit is frequently promoted as having the ability to aid in weight reduction, and products with this claim generally contain grapefruit pectin.
There are several competitors on the market. To grow their customer base and acquire a competitive edge, several of the leading citrus pectin market players are concentrating on launching and inventing a wide range of goods.
Some of the prominent developments by key companies in this domain are:
Company | Key Developments |
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Cargill |
|
Herbstreith & Fox Corporate Group |
|
CP Kelco |
|
Attribute | Details |
---|---|
Projected market value in 2023 | USD 635.52 million |
Projected market value in 2033 | USD 1,080.30 million |
Forecast CAGR from 2023 to 2033 | 5.4% |
Forecast period | 2023 to 2033 |
Historical period | 2018 to 2022 |
Market analysis | Value in USD million |
Key regions covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
Key countries profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
Key market segments | Product Type, Category, Application, Distribution Channel, Region |
Key companies profiled | Fiber Star; Cargill Inc.; DuPont; Ceamsa; Naturex SA; CP Kelco; Yantai Andre Pactin Co. Ltd.; Herbstreith & Fox KG Pektin-Fabriken; Herbafood Ingredients GmbH; Silvateam S.p.a.; Florida Food Products, Inc.; Lucid Colloids Ltd. |
The citrus pectin market is expected to reach USD 635.5 million by 2023.
The global citrus pectin market is set to expand by a CAGR of 5.4% by 2033.
The citrus pectin industry is forecast to reach USD 1,080.3 million by 2033.
The high - methoxyl is expected to acquire over 50% in 2023 and the same trend will continue.
Through 2033, the grapefruit-derived pectin will garner over 8.1% CAGR.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. High Methoxyl Pectin 5.2. Low Methoxyl Pectin 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 6.1. Oranges 6.2. Tangerines/ Mandarins 6.3. Grapefruit 6.4. Lemon and Lime 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Jams & Jellies 7.2. Beverages 7.3. Bakery Fillings & Toppings 7.4. Dairy Products & Frozen Desserts 7.5. Confectionery 7.6. Meat & Poultry 7.7. Dietary Supplements 7.8. Functional Food 7.9. Pharmaceutical 7.10. Personal care & Cosmetics 7.11. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Fiber Star 18.2. Cargill, Inc. 18.3. DuPont 18.4. Ceamsa 18.5. Naturex, SA 18.6. CP Kelco 18.7. Yantai Andre Pactin Co. Ltd. 18.8. Herbstreith & Fox KG Pektin-Fabriken 18.9. Herbafood Ingredients GmbH 18.10. Silvateam S.pa. 18.11. Florida Food Products, Inc. 18.12. Lucid Colloids Ltd. 19. Assumptions & Acronyms Used 20. Research Methodology
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